Anthony Galloway

Chief Political Correspondent at Capital Brief

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Articles

Lost for words

4 days ago | capitalbrief.com | Anthony Galloway |Finn McHugh

Anthony Albanese once thundered against “pre-emptive” military action by the United States, denouncing John Howard for joining the 2003 invasion of Iraq. “Unilateralism can never be the basis of a satisfactory world model,” the then-third-term MP declared on the eve of the invasion. “And pre-emptive action should not involve the use of military power.”Get Political Capital in your inboxSigned up to Political CapitalA twice-weekly newsletter that takes you inside the corridors of power.
Albanese agrees to formal talks on Australia-EU security agreement

1 week ago | capitalbrief.com | Anthony Galloway

Albanese also said that the discussions included "renewed engagement" on the Australia-EU Free Trade Agreement, which had been stalled for some time up until recent months. What they said: "I am pleased to announce we’re stepping up our cooperation with the European Union today," Albanese said. "We see how deeply connected Europe’s security and the Indo-Pacific region have become.
Trump ghosts Albo

1 week ago | capitalbrief.com | Anthony Galloway |Finn McHugh

The date was locked. The time was set. Anthony Albanese’s long-awaited meeting with Donald Trump was officially confirmed for 10am Wednesday, Australian time. Just hours ago, the prime minister appeared upbeat, telling reporters on the sidelines of the G7 in Canada that he would once again extend an invitation for Trump to visit Australia. Get Political Capital in your inboxSigned up to Political CapitalA twice-weekly newsletter that takes you inside the corridors of power.
Strait of Hormuz holds the key to oil prices as Israel, Iran trade attacks

1 week ago | capitalbrief.com | Finn McHugh |Anthony Galloway

Senior Australian economists believe the spike in oil prices driven by the Israel-Iran war will prove short-lived. Eminent Australian economists believe the spike in global oil prices sparked by the Isreal-Iran conflict will be short-lived — unless Tehran closes off the Strait of Hormuz, a crucial passageway for the commodity. Crude oil prices jumped 7% higher on Friday, the day Israel launched a series of missile strikes on Iran, and have continued to climb since after tit-for-tat retaliations.
Troubled waters

2 weeks ago | capitalbrief.com | Finn McHugh |Anthony Galloway

Anthony Albanese jets out of Canberra today for a high-stakes diplomatic sprint through Fiji, Canada and the United States — just as the Trump administration begins its review of the AUKUS submarine pact. The prime minister’s first meeting with Donald Trump — expected but not yet confirmed — shapes as his biggest test in foreign affairs to date. It is likely to take place on the sidelines of the G7 in Alberta, and Australian officials expect it to go ahead.
Sub-optimal

2 weeks ago | capitalbrief.com | Anthony Galloway

Anthony Albanese has so far adopted a ‘less is more’ attitude to Donald Trump. Unlike Canada’s Justin Trudeau — who rushed to Mar-a-Lago after Trump’s election victory, only to be publicly humiliated — Albanese has kept his distance. With Australia largely spared from the worst of Trump’s tariffs, the strategy seemed to be working. Get The Edition in your inboxSigned up to The EditionA must-read afternoon newsletter. Free to join, read by decision makers and featuring our top stories.
Who is Elbridge Colby, the Trump ally reviewing AUKUS?

2 weeks ago | capitalbrief.com | Anthony Galloway |Finn McHugh

Donald Trump's undersecretary of defense for policy is leading a review of AUKUS — and his doubts could reshape Australia’s most ambitious military pact. Elbridge Colby is not a household name in Australia, but the man now reviewing the landmark AUKUS agreement could help shape the future of the country’s defence.
'We're certainly not involved in picking losers': Tim Ayers backs PsiQuantum deal, plots NRF revamp

2 weeks ago | capitalbrief.com | Anthony Galloway

The new industry minister says the the Albanese's flagship industrial fund needs to aim higher and move faster, as he defended its quantum computing bet and its plans to regulate AI. Australia’s new Industry and Science Minister Tim Ayres has flagged a revamp of the government's $15 billion manufacturing fund and backed the process behind its near-billion dollar investment in Silicon Valley startup PsiQuantum.
Albo's productivity pitch

2 weeks ago | capitalbrief.com | Anthony Galloway |Finn McHugh

Today, we’re filing from the National Press Club in Canberra, where Prime Minister Anthony Albanese has just announced his government will convene a new roundtable in August to tackle the country’s lagging productivity. In his first speech since Labor’s thumping 3 May election victory, Albanese said he has asked Treasurer Jim Chalmers to organise the event which will include the business sector, unions and civil society to advise on the government’s growth and productivity agenda.
Taylor's tax tactic

3 weeks ago | capitalbrief.com | Anthony Galloway

When the Liberals eventually get around to their review of the 3 May election bloodbath, they might want to begin with the policies that never saw daylight — and ask themselves why. Capital Brief revealed today that former Treasury spokesman Angus Taylor had been pushing for an inflation-linked tax rebate in the months leading up to Peter Dutton’s budget reply. If inflation jumped above the Reserve Bank’s 2-3% target, taxpayers would automatically get relief.